Adese Real Estate

Adese Gayrimenkul Yatirim A.S. is a real estate company headquartered in Selcuklu, Konya, operating under the umbrella of Loras Holding. The company began commercial operations in 1991 and has traded on Borsa Istanbul under the ticker ADESE since 2011. Formerly known as Adese Alisveris Merkezleri Ticaret A.S., it adopted its current name in 2021 with the aim of expanding its presence in the real estate sector.

The business model behind ADESE shares is built on developing, selling, leasing and operating different property types, including housing, residences, offices, business centres, industrial estates and shopping malls. Its portfolio page lists shopping malls, commercial units, homes and land plots under separate headings, and ongoing, planned and completed projects can also be followed separately. The company's website also provides investors with announcements on its demerger transaction.

For companies with mixed portfolios like this, the key items to watch are the continuity of rental income, mall occupancy rates, the pace of housing sales and land valuations. Local demand conditions in and around Konya and financing costs can also affect project timelines. On Lzzo.com, ADESE comes with an interactive price chart, technical indicators and a comparison with similar real estate stocks, all in one place.